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FHA 203K Renovation Loan
Fannie Mae Homestyle Renovation Loan
The Section 203(k) program is FHA's primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization, as well as to expand homeownership opportunities.
With a HomeStyle Renovation loan, you have funds for a wide range of renovation projects, from repairs and energy updates to landscaping and luxury upgrades. A HomeStyle Renovation loan can make the difference between a house and a dream home, or help restore an older home to its former glory.
Freddie Mac Choice Renovation
CHOICE Renovation allows lenders to deliver loans to Freddie Mac where the borrower uses the loan proceeds to pay for the renovations.
Borrowers looking for convenience and cost savings by financing their home purchase and renovation costs in a single-closing transaction.